SYNOPSIS

“PROJECT REPORT ON BANKING SECTOR STOCKS BY

USING TECHNICAL ANALYSIS”

PROJECT SUBMITTED IN PARTIAL FULFILLMENT FOR THE

AWARD OF THE DEGREE OF MASTER OF BUSINESS
ADMINISTRATION

BY

MURALI KRISHNA

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 CONTENTS OF THE SYNOPSIS

1. Introduction of the Topic

2. Need for the Study

3. Scope of the Study

4. Objectives of the Study

5. Nature of the Company selected for Research

6. Review of Literature

7. Research Methodology a

CHAPTER PLAN

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 INTRODUCTION OF THE TOPIC

The techniques used to break down protections and settle on speculation choices fall
into two extremely general classes: essential examination and specialized investigation. Central
investigation includes examining the attributes of an organization so as to appraise its worth.
Specialized investigation adopts a totally extraordinary strategy; it couldn't care less one piece
about the "esteem" of an organization or a ware.

In spite of all the extravagant and extraordinary devices it utilizes, specialized examination
extremely just investigations free market activity in a market trying to figure out what bearing, or
pattern, will proceed later on. As it were, specialized examination endeavors to comprehend the
feelings in the market by considering the market itself, rather than its parts.

WHAT IS TECHNICAL ANALYSIS?

Specialized examination is a technique for assessing protections by dissecting the insights

produced by market movement, for example, past costs and volume. Specialized examiners don't
endeavor to gauge a security's natural worth, yet rather use outlines and different devices to
recognize designs that can propose future action.

Similarly as there are numerous venture styles on the key side, there are additionally a wide
range of sorts of specialized brokers. Some depend on graph designs, others utilize specialized
markers and oscillators, and most utilize a mix of the two. Regardless, specialized investigators'
selective utilization of verifiable cost and volume information is the thing that isolates them from
their key partners. In contrast to principal experts, specialized investigators couldn't care less
whether a stock is underestimated - the main thing that issues is a security's past exchanging
information and what data this information can give about where the security may move later on.

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 TECHNICAL ANALYSIS

"Specialized investigation alludes to the investigation of market created information like costs
and volume to decide the future bearing of costs developments."
Specialized investigation for the most part looks to anticipate the transient value voyages. It is
significant criteria for choosing the organization to contribute. It additionally gives the base to
basic leadership in venture. The one of the most oftentimes utilized measuring stick to check and
dissect hidden value advance. Besides a verity of devices was consider.
This Technical examination is useful to general financial specialist from various perspectives. It
gives significant and fundamental data with respect to the present value position of the
organization. Specialized investigation includes the utilization of different strategies for
diagramming, computing and deciphering diagram and outline to survey the exhibitions and
status of the cost. It is the apparatus of monetary investigation, which concentrates as well as
mirroring the numerical and graphical connection between the significant budgetary components.

The focal point of specialized examination is predominantly on the inside market information,
for example costs and volume information. It advances principally to momentary merchants. It is
the most seasoned way to deal with value venture going back to the late nineteenth century.

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 NEED FOR THE STUDY

Where the herds of bulls and beers are peeping to the stock market in an expectation
to grab the opportunity to take the advantage of volatility, a study on Technical Analysis is very
much needed to cope with the moment-change market fluctuations in the expected direction to
earn desired profits. This research study fulfils the needs of the speculators, investors and
students to acquire knowledge regarding various technical aspects of investing the most liquid
and hard-earned money not only in profitable stocks, but also at the right time and at the right
price. The thesis describes the various trends and chart patterns which are very much helpful to
find the timing of investment at different market situations.

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 SCOPE OF THE STUDY

The main purpose of this study is to conduct Fundamental and Technical Analysis. In my project
the scope is limited to the four securities from the Banking sector. But this will provide an
overall picture of the economy and the banking industry.
The scrip I have selected are:
 AXIS BANK
 HDFC BANK
 YES BANK
 ICICI BANK
The global economy, Indian economy, Banking Industry and the financial analysis of the above
scrip are analyzed.

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 OBJECTIVE OF THE STUDY
 To Analyze the stock price movements traded in NSE

 To Calculate the Return and Risk. (AXIS BANK ,HDFC BANK

YES BANK ,ICICI BANK).
 To Understand the reasons behind volatility of the stock price

 To Suggesting strategies to improve financial performance

 To identify the cause of movement.

 To identify the moment of buying and selling.
 To suggest when to buy and when to sell.

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 NATURE OF THE COMPANY SELECTED FOR RESEARCH

Technical Analysis is a tool to study and forecast the stock market movements. It is a
method of measuring and evaluating the stocks by observing and analyzing the .Data or statistics
provided by market activity, such as past prices and volume etc. Though it does not measure the
securities intrinsic value, but help to understand the signals through charts and other tools. In fact
the decision made on the basis of technical analysis is done only after inferring a trend and
judging the future movement of the stock on the basis of the trend The study on technical
analysis of selected banks based is significant as it helps in understanding the intrinsic value of
shares and to know whether the shares are underpriced or overpriced or correctly priced. It
becomes essential to know about the prices of the banks so that the investments made will be
safe and will be duly giving returns. Further it helps in understanding the price movement and
pattern of the shares, the signals given by them and the major turning points of the market price..

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 6. REVIEW OF LITERATURE

1. K.S.Nemavathi & Dr. V.R Nedunchezhian, (2012) in their Study Technical

Analysis the researchers finds that the selected securities had high fluctuations during the period
to accomplish the objectives set out for this research, the effective tools are used.

2. Dr. Sreemoyee Guha Roy (2013) in her study Equity Research: Fundamental and Technical
Analysis, examines the economic environment, industry performance and company performance
before making an investment decision. The study arrived at a conclusion about the decision
making behavior of the investors.

3. Mrs.J.Nithya & Dr.G.Thamizhchelvan (2014) has found in their study The Effectiveness of
Technical Analysis in Banking Sector of Equity Market, aimed at undertaking technical analysis
of selected companies included in the CNX Nifty. The purpose of the study demonstrates how
technical analysis can be of valuable use for the investors in making their investment decisions.
Various analyze tools of technical analysis have been used for forecasting stock prices.

4. P. Devika & Dr. S. Poornima (2015) found in their study of Fundamental Analysis as a
Method of Share Valuation in Comparison with Technical Analysis, envisages on different
trends of the stock market and it relates the trends towards the usage of Fundamental and
Technical analysis.

5. Darshan Shivanand Gadag & Manas Mayur (2016) has founded in their study, Understanding
Technical Analysis: A Conceptual Framework, the stock market indicators would help the
investor to identify major market turning points. The indicators like Moving averages and
MACD is a significant technical analysis tool on any index or stock which helps to understand
the price behavior of the shares.

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 RESEARCH METHODOLOGY

RESEARCH DESIGN

The present research study will adopt Descriptive Research Design for properly
designing the research work. Through this, the topic will be studied thoroughly and it will be
presented by giving necessary findings and conclusions.

 Primary Source

 Secondary Source

Primary Source

The data collected from primary sources are raw-data. These are the data that are
collected first-hand and have not had any previous meaningful interpretation. The primary data
will be collected through observation, questionnaire and through well-tested personal interviews
with the investors at the door of number of broking houses.

Secondary Source

Any data used that have been collected earlier for some other purposes are known as
Secondary Data. The secondary data has been collected such from various internet portals,
research articles, reference books and various T.V. programmes related to the topic.

SAMPLING METHOD

The method adopted is Convenient Sampling method because it was necessary to cover
all types of investors and at different places all over the city, even if by taking the help of cell
phone.

a) Data Collection Method

Secondary source includes as follows: Vital information relevant to study

has been collected from different articles and journals, books, magazines,
fact sheets.

b)Sample Design

i) The population frame: The population frame consists of the whole banks

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in the industry.

ii) Sampling method: Convenience sampling was used to select four banks.

iii) Sample method: 4 banks from private sector were selected.

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 CHAPTER PLAN
CONTENTS
CH. NO. INDEX PAGE NO.

CHAPTER -1
INTRODUCTION

OBJECTIVES OF THE STUDY

NEED &IMPORTANT OF THE STUDY

SCOPE OF THE STUDY

RESEARCH METHODOLOGY

LIMITATIONS OF THE STUDY

CHAPTER -2
REVIEW OF LETERATURE
CHAPTER -3 INDUSTRY PROFILE
COMPANY PROFILE
CHAPTER-4
ANALYSIS & INTERRETATION OF THE STUDY
CHAPTER -5
FINDINGS
SUGGESTIONS
CONCLUSIONS
BIBLIOGRAPHY

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